My daily routine is to leave $10,000 in my trading account, taking out yesterday's profits before I do anything
else. Just so you know, I almost NEVER have to top up the account from having a net loss from yesterday - but it
can happen.
With my $10,000 trading account, I load up MetaTrader and see what's been happening. Like, it may be that I
haven't traded for a day or so - so it's interesting to see what's happened with the markets versus my custom
trading template and its signals. Did the market miss me? Haha.
I don't trade news, in fact I never read it. I do however stay away from news annoucement times as unforseen
swings often happen at those times.
I trade the numbers and lines on a graph. What is behind those numbers and lines is all a big mystery to me -
and I'm happy to be ignorant about this because I just don't care.
I installed 250,000 TV antennae, and I still have no idea how they work. All the high-tech analysis is
unneccessary to my success as a trader. Things happen, computers analyse the probabilites and advise me. I compare
this view of the market from several different perspectives, and when all the ducks are lined up in a row - I jump
in.
Mostly I trade EURUSA on 30 minutes (M30) and I use a custom template. My template gives me 3 windows to
see the market place conditions:
The top window is a candlestick chart - red for a falling (sell) Euro value and blue for a
rising (buy) Euro. What is also built into the chart are my buying (long) and selling (short) signals. These
signals are a red or blue dot above or below the the candlestick when I should buy or sell. The following image
shows you what I mean:

At the top left you can see the red dot. It is telling me to enter a sell order (short), as all the signals are
saying it is time. At the very bottom middle is a blue dot, saying the short should have been closed out by now,
and it's time to go long and buy.
In this actual graph, I was not at the computer for the short, so I missed that trade. But I caught the buy
(blue dot) nicely and it swung well into the money quite quickly.
I had 4 lots riding on it - so $40 profit a pip, and I was at about $3,000 profit when my girlfriend wanted
me to watch something briefly on TV. So I moved up my stop loss to lock in $1,500 profit, and left my computer -
only for 15 minutes!
Damn, I came back to find I had been stopped out by the first red candle after the blue dot! Haha, silly me.
Anyway, my other indicators told me there was plenty of life left in the long position, and so I bought back in
having only lost 10 pips by the stop (plus of course the 3 pip spread). That 15 minutes of TV cost me $520!
Very quickly there were the 2 large blue candles, and I closed out just before my preset Take Profit to have a
$6,000 profit for the day. And like a squirrel, I will transfer that profit out to reduce my account back to
$10,000.
The middle window shows me the Stochastic lines. As an indictor, these lines show me whether
the currency has been over or undersold.
Note in the below pic the 2 horizontal lines. The top one is the point at which the currency (USD) has been
oversold, and so it is likely to swing back the other way toward it. The bottom line of course is the over-bought
line. The 2 moving lines are an indictor of where the currency pair is at, at any point in time in the
over-bought/under-bought cycle.

Note also that the 2 moving lines, besides being heavily into "over bought" territory, that they have crossed.
Without going into the deep and meaningfuls of a heavy explanation right now, just know that they tell me the Euro
is going to rise in value quite solidly in the immediate future.
I like to keep things simple. the human mind has a nasty habit of overcomplicating things. I like to think of
the currency pair as a tug-of-war, where both teams pulling on the rope are roughly balanced. Sometimes one
team/currency tires a little, and so things move against them/it in favour of the other team/currency. And back and
forth this happens ina wave like cycle most of the time.
Sure, sometimes the currency tug of war is very balanced or even, so the day is flat. other times something
extraordinary happens and a majour breakout happens. But mostly things swing back and forth like a dance.
So, recapping my $6,000 profit, I saw the blue dot, noted that it was confirmed by the stochastic lines being
well into over-bought territory and that they crossed over each other - these things gave me confidence to buy 4
lots of Euro against the USD.
The bottom window show me;
- William's percent range
- Relative strength index
- Money Flow index
Again, I'm not going into a deep discussion about them here. Suffice to say they also confirmed the "blue dot go
long" trading signal my template was telling me.
OK, one last thing to let you know about myself. I trade because I enjoy it. Yes I own quite a few properties
paid for from my trading, but it really is not why I trade.
I do sometimes help people with their trading, which is one reason why I built the Forex Robots Reviewed
website. the main reason for that website actually was to clear my own mind about them. By writing everything I
know down in a clear way other people can understand has helped me greatly to see through the chaff what really are
the great products.
But mostly, I built the review website to clear my own mind in an orderly fashion.
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